804 South Halagueno Street

804 South Halagueno Street, Carlsbad, NM 88220

Property Information

  • For Sale $1,649,000
  • Property Type Office
  • Property Size 3,165 SF
  • Lot Size 0.41 Acre
  • Cap Rate % 7.13
  • NOI / YR $117,635.00
  • Parking Spaces Avail. 20
  • Parking Ratio 6.32 / 1,000 SF
  • Date Updated Sep 8, 2026

Description

New construction

Investment with government, credit tenant

Tenant – New Mexico Corrections Department Adult Probation & Parole Division

10-year initial lease with renewal options through 2046

New construction, build-to-suit facility

Occupied April 2026

Mission-critical use

Annual operating cost escalations

Lease protection clause that includes reimbursement if tenant terminates

20 dedicated parking spaces

 

Contacts

Location

Contact 804 South Halagueno Street
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